SGMD’s Net Losses are growing very fast. I was just doing some quarterly comparisons and losses have been increasing at an alarming rate. I compared SGMD’s mist recent quarterly filing versus the same quarter 1 year ago. Since the quarter ending September 30th is SGMD’s 1st Quarter, below is a Quarterly comparison.
In the September Quarter of 2017 SGMD posted a Net Loss of ($1,089,334).
In the September Quarter of 2018 SGMD posted a Net Loss of ($2,609,053).
For SGMD’s most recent Quarter, SGMD’s Net Losses are about 140% larger than SGMD’s year ago results.